Columbia Research Enhanced Emerging Economies ETF (NYSEARCA:ECON) Trading Up 0.4% – What’s Next?

Columbia Research Enhanced Emerging Economies ETF (NYSEARCA:ECON) traded up 0.4% during mid-day trading on Friday . The company traded as high as $28.41 and last traded at $28.38. 9,094 shares traded hands during mid-day trading, a decline of 83% from the average session volume of 53,932 shares. The stock had previously closed at $28.28.

Columbia Research Enhanced Emerging Economies ETF Stock Up 0.4%

The company’s fifty day moving average price is $27.38 and its 200 day moving average price is $26.14. The company has a market capitalization of $252.58 million, a P/E ratio of 12.92 and a beta of 0.39.

Hedge Funds Weigh In On Columbia Research Enhanced Emerging Economies ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. CIBC Private Wealth Group LLC increased its stake in Columbia Research Enhanced Emerging Economies ETF by 1.6% in the third quarter. CIBC Private Wealth Group LLC now owns 24,635 shares of the company’s stock valued at $653,000 after acquiring an additional 377 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of Columbia Research Enhanced Emerging Economies ETF by 0.6% in the 2nd quarter. Bank of America Corp DE now owns 453,265 shares of the company’s stock valued at $10,867,000 after purchasing an additional 2,547 shares in the last quarter. Jane Street Group LLC boosted its holdings in shares of Columbia Research Enhanced Emerging Economies ETF by 6.0% in the 2nd quarter. Jane Street Group LLC now owns 49,720 shares of the company’s stock valued at $1,192,000 after purchasing an additional 2,810 shares in the last quarter. Flow Traders U.S. LLC increased its stake in shares of Columbia Research Enhanced Emerging Economies ETF by 67.6% in the 2nd quarter. Flow Traders U.S. LLC now owns 23,406 shares of the company’s stock valued at $561,000 after purchasing an additional 9,442 shares during the last quarter. Finally, Raymond James Financial Inc. raised its holdings in shares of Columbia Research Enhanced Emerging Economies ETF by 42,278.3% during the 3rd quarter. Raymond James Financial Inc. now owns 9,747 shares of the company’s stock worth $258,000 after buying an additional 9,724 shares in the last quarter.

About Columbia Research Enhanced Emerging Economies ETF

The Columbia Emerging Markets Consumer ETF (ECON) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of 60 emerging-market companies in consumer-oriented sectors. ECON was launched on Sep 14, 2010 and is managed by Columbia.